American importers have stopped placing orders for Portuguese wine, according to the president of the National Association of Wine and Spirits Traders and Exporters (ANCEVE), as a 15 per cent US tariff on EU wines reshapes transatlantic trade flows....
In today's briefing: • US Wine Orders Freeze as 15% Tariff Bites — Industry Warns of 20%+ Market Loss • France-Portugal Treaty of Porto Enters Force • Flight Bookings to Portugal Jump 21% • IAG Walks Away From TAP Sale • Porto's Babell Festival Brings Rushdie, Atwood, and Tokarczuk
IAG, the parent company of British Airways and Iberia, has formally withdrawn from the race to acquire a stake in TAP Air Portugal, leaving Lufthansa Group and Air France-KLM as the only two bidders in what has become Europe's most consequential...
Porto will host its first major international literary festival from 24 to 30 June, with a headline programme that includes Salman Rushdie, Margaret Atwood, Nobel Prize-winning Polish novelist Olga Tokarczuk, and German-Korean philosopher Byung-Chul...
Portugal has recorded a 21 per cent year-on-year surge in flight bookings and a 16 per cent rise in hotel searches as international travellers redirect summer plans away from the Middle East and eastern Mediterranean, according to industry data...
Metro Circular gets EUR 48 million, 6,765 short-term rental licences cancelled, Karl Lagerfeld residences approved at EUR 20,000/sqm, Guia Repsol 2026 awards 17 new Lisbon distinctions, and the new master plan debate begins.
Wind, solar, and hydro generated a record 78.5 per cent of Portugal's electricity in Q1 2026, up 12 points year-on-year. Wholesale prices fell 15 per cent as a result.
